Korea Hydro & Nuclear Power (KHNP) was selected, Wednesday, as the preferred bidder for a 24 trillion won ($17.3 billion) project to build nuclear power plants in the Czech Republic, according to the state-run nuclear power plant operator.
The successful export of a Korean nuclear reactor is a landmark achievement, marking the first such contract since the 2009 agreement for the Barakah Nuclear Energy Plant in the United Arab Emirates.
The Czech government announced KHNP as the winner of the nuclear reactor export contract after a Cabinet meeting, defeating French competitor EDF.
“The latest outcome demonstrates the competitiveness of Korea’s nuclear power industry on the global stage,” President Yoon Suk Yeol said. 추천 “I want to extend my heartfelt gratitude to the public, government officials, and business community for their support in achieving our latest success.”
The project involves constructing two nuclear reactors in Dukovany. The Czech government is considering building two more in Temelin later.
KHNP is cooperating with Doosan Enerbility, Daewoo E&C and several other state-run energy firms, as well as multiple Czech companies.
“With advanced technology, Korea gained the upper hand over the French firm by offering a lower price and high quality,” a ranking government official said. “The latest feat will be able to serve as a stepping stone for Korea to advance to become the world’s leading nuclear plant powerhouse.”